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Nov 25, 2012
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cliff. let's bring in george stephanopoulos. >> congress has gone home to the districts, any optimism that cooler heads will prevail and we'll see movement toward a deal quickly? >> there are only five weeks left. everything has to happen before december 31st. the president has had his first meetings with the top congressional leaders. there's a fair amount of optimism that something will get done before the end of the year. maybe a down payment on deficit reduction combined with a commitment to hit the big numbers. >> in addition to the fiscal cliff, some big vacancies coming up in the president's cabinet the state department, the treasury, even the cia, the general petraeus scandal, three vacancies now. >> and there's likely to be more shuffling in the president's cabinet. the president has signaled is favorite likely to be u.n. ambassador susan rice for secretary of state, she's faced a lot of opposition in house this week, republicans signed a letter not to appoint susan rice. the presid
cliff. let's bring in george stephanopoulos. >> congress has gone home to the districts, any optimism that cooler heads will prevail and we'll see movement toward a deal quickly? >> there are only five weeks left. everything has to happen before december 31st. the president has had his first meetings with the top congressional leaders. there's a fair amount of optimism that something will get done before the end of the year. maybe a down payment on deficit reduction combined with a...
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Nov 25, 2012
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although that might not be announced until after the fiscal cliff negotiations. mike morales the acting director has left. he is a strong favorite to remain there although the president's counterterrorism adviser john brennan a big candidate. >> just a slightly less serious note, apparently there's going to be some head shaving on the broadcast this week. >> a first on "this week." this is right. a great story, the top spokesman who had a bet, shawn spicer and brad woodhouse. whoever lost the election would shave their head. so this was shawn spicer was supposed to shave his head. he is the rnc spokesman and when brad found out about this, we're showing it, jon karl is doing the honors. he said he would join in and shave his head. >> he has no credentials for this. >> let's see how he does. the thing is it's for a good cause, st. baldrick's center. >> anyway, you'll be joining that helps kids with cancer so end up both shaving their heads on the show today to help kids with cancer. >> anyway, you'll be joining them? >> i'll help out the cause. >> all right, great
although that might not be announced until after the fiscal cliff negotiations. mike morales the acting director has left. he is a strong favorite to remain there although the president's counterterrorism adviser john brennan a big candidate. >> just a slightly less serious note, apparently there's going to be some head shaving on the broadcast this week. >> a first on "this week." this is right. a great story, the top spokesman who had a bet, shawn spicer and brad...
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Nov 26, 2012
11/12
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the fiscal cliff is coming fast. no viszable progress on that yet. and some surprising names are surfacing for the cabinet, including mark zuckerberg's number two at facebook. >> lots of names, projections out there. >>> we also have a big warning for parents this morning. from a brand-new report. on average, 30 children a day head to the e.r. for concussions, broken bones from those bouncy houses. look at that. what you need know. those are disturbing pictures. >>> also on the show, superstar alicia keys with us live for a very special concert right here in times square. we are so happy to have her back. >> big album coming out tomorrow. >>> let's get right to the charged up start to holiday shopping. online shopping is already up 20% on thanksgiving day and black friday. what will cyber monday bring? john schriffen joins us from toys "r" us in times square. >> reporter: good morning, george. many retailers save some items to entice shoppers to go online. that is for people who have a holiday spending budget left. we saw record numbers this weekend,
the fiscal cliff is coming fast. no viszable progress on that yet. and some surprising names are surfacing for the cabinet, including mark zuckerberg's number two at facebook. >> lots of names, projections out there. >>> we also have a big warning for parents this morning. from a brand-new report. on average, 30 children a day head to the e.r. for concussions, broken bones from those bouncy houses. look at that. what you need know. those are disturbing pictures. >>> also...
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Nov 27, 2012
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talk of new taxes, with that so-called fiscal cliff at year's end. more republicans say they are willing to go back on their long-standing pledge not to raise new taxes, but only if they can close tax loopholes. they're opposed to hiring actual tax rates. white house and congressional negotiators are expected to consider new limits on the deduction, which the housing industry is promising to fight. >>> a stunning breach at the nation's busiest airplane. this video shot by a passenger. it shows a woman in the parking lot, at hartsfield jackson airport, throwing a bag to a worker on the other side, a few feet from the runway. the bag got stuck. worker climbs up and retrieves it. no word on what is inside the bag. but security experts say what's most alarming is neither person seems worried about getting caught. authorities are still trying to identify the couple in that video. >>> and the big story overseas, in egypt, where thousands of protesters are clashing with police. they furious over president mohamed morsi's declaration over the court system, f
talk of new taxes, with that so-called fiscal cliff at year's end. more republicans say they are willing to go back on their long-standing pledge not to raise new taxes, but only if they can close tax loopholes. they're opposed to hiring actual tax rates. white house and congressional negotiators are expected to consider new limits on the deduction, which the housing industry is promising to fight. >>> a stunning breach at the nation's busiest airplane. this video shot by a passenger....
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Nov 28, 2012
11/12
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investors, increasingly worried about that so-called fiscal cliff, of tax increases and spending cuts, looming at year's end. today, that and president obama will meet with a group of middle-class americans, hoping to convince congress to protect tax cuts for families earning less than $250,000 per year. >>> it will be another tough day of questioning for susan rice, the likely nominee to replace hillary clinton as secretary of state. rice, facing critics for a second-straight day. they say she misled the public after the attacks in libya. rice said she was using the cia information available to her at that time. but after talks yesterday, republican senators, including john mccain, say they are even more troubled, now, about rice's responses. >>> and after the repeal of the don't ask/don't tell ban on gays in the military, four women are challenging the ban on women in combat. their lawsuit claims the 1994 rule keeping them out of ground combat also unfairly blocks them from promotion. it comes as officers are on aer is survey, asking if women would be a distraction in combat operati
investors, increasingly worried about that so-called fiscal cliff, of tax increases and spending cuts, looming at year's end. today, that and president obama will meet with a group of middle-class americans, hoping to convince congress to protect tax cuts for families earning less than $250,000 per year. >>> it will be another tough day of questioning for susan rice, the likely nominee to replace hillary clinton as secretary of state. rice, facing critics for a second-straight day....
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Nov 29, 2012
11/12
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a lot of action in washington on the fiscal cliff talk. >> we're going to begin there. signs, perhaps, of a potential compromise there to avoid the so called fiscal cliff that would raise taxes on a typical american family by some $2,200. republican congressman tom cole, of oklahoma, is urging republicans to accept president obama's deal and allow the bush-era tax cuts on the wealthy to expire for now. so tax cuts for the middle class can stay in effect. but house speaker john boehner remains opposed, saying a tax hike on the wealthy will hurt the economy. >>> today, president obama is hosting mitt romney at the white house for a private lunch. after the election, the president promised to reach out to romney for his ideas. >>> and overseas, the u.s. could be getting more involved in the civil war in syria. "the new york times" is reporting the obama administration is considering options, including arming the rebel fighters there who have made progress in recent days in battling bashar al assad's forces. >>> and more trouble for president obama's expected nominee for se
a lot of action in washington on the fiscal cliff talk. >> we're going to begin there. signs, perhaps, of a potential compromise there to avoid the so called fiscal cliff that would raise taxes on a typical american family by some $2,200. republican congressman tom cole, of oklahoma, is urging republicans to accept president obama's deal and allow the bush-era tax cuts on the wealthy to expire for now. so tax cuts for the middle class can stay in effect. but house speaker john boehner...
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Nov 26, 2012
11/12
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cliff. so will republicans break a pledge over raising taxes? a decade's long pledge? >> now you see a little wiggle room. everyone, came out strong. now getting done to nitty-gritty of compromise here. perhaps backtracking here. get something done. look for language difference between tax rates and tax revenue as the debate moves forward there. >>> also this morning, the promises made to students by private for-profit colleges. did recruiters know and bend the truth about the job market to lure students to sign up for classes? a lot of reporting in recent years about what is going on with for-profit colleges. some of it kind of scary. we'll delve into that. >> we'll hear more in the next half hour. >>> later, the legendary rolling stones begin their concert tour, celebrating 50-year search for rock 'n' roll satisfaction. the first of five concerts. >> i could watch mick jagger dance all day. i think that's poetry in motion when mick gets on the stage and he's prancing around there. you can'
cliff. so will republicans break a pledge over raising taxes? a decade's long pledge? >> now you see a little wiggle room. everyone, came out strong. now getting done to nitty-gritty of compromise here. perhaps backtracking here. get something done. look for language difference between tax rates and tax revenue as the debate moves forward there. >>> also this morning, the promises made to students by private for-profit colleges. did recruiters know and bend the truth about the...
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Nov 27, 2012
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>> lilt more, little more, little more. >> donate it to the fiscal cliff. >> oh, yeah. i'm sure most folks would do that. >>> coming up next, why one star of the show ""two and a half men"" is saying something very bizarre about the show. >>> and enlightening appearances from the cast skinny so skinny ♪ >> i don't know about you guys out there one of my favorite holiday movies this time of year, national lampoons christmas vacation. i laugh every time. ♪ skinny so skinny ♪ >>> i don't know about you guys out there. one of my favorite holiday movies this time of year, national lampoon's "christmas vacation." i laugh every time. i watched it 4,000 times a parentally, old navy, bless their heart, they're getting the family back together. 23 years after the original movie for a new ad for some interesting pants that old navy is putting out there this season. they got the griswolds, chevy chase, beverly deangelo, and julian lewis who played their taught never the movie to get back together to do the commercial. >> ready? >> want me to do the drum roll thing? >> it's ok
>> lilt more, little more, little more. >> donate it to the fiscal cliff. >> oh, yeah. i'm sure most folks would do that. >>> coming up next, why one star of the show ""two and a half men"" is saying something very bizarre about the show. >>> and enlightening appearances from the cast skinny so skinny ♪ >> i don't know about you guys out there one of my favorite holiday movies this time of year, national lampoons christmas...
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Nov 28, 2012
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. >>> after this half hour, we're all one day closer to the fiscal cliff. what, 34 days now? president obama is finding new ways to make his case for raising taxes on wealthier americans. >> republicans say, get off the campaign stump and get in the negotiating room and get this thing done. so it's getting interesting. >>> imagine getting hit with unpaid parking tickets that totaled $100,000. well, a woman, her ex-boyfriend, and the battle over a car that sat for three years accumulating the fines. wow! >> chicago strong. that's how they roll there. >>> later, the secrets you can learn about your health by looking in the moore rohr. there could even be clues hidden in your earlobes. mirror, mirror on the wall. >> is it really? >> who has the creepiest ears of them all? >> little waxy. >>> first did you hear that? no. it's either the clock ticking, the powerball ticket printing or the cash registers ringing. that's for sure. all of it as we get ready for tonight's enormous powerball lottery. >> like my foley effect there? >> very nice. >> the second largest lottery jackpot eve
. >>> after this half hour, we're all one day closer to the fiscal cliff. what, 34 days now? president obama is finding new ways to make his case for raising taxes on wealthier americans. >> republicans say, get off the campaign stump and get in the negotiating room and get this thing done. so it's getting interesting. >>> imagine getting hit with unpaid parking tickets that totaled $100,000. well, a woman, her ex-boyfriend, and the battle over a car that sat for three...
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Nov 29, 2012
11/12
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. >>> then that looming fiscal cliff that could take money out of almost everybody's pockets, in the form of higher taxes, there is more wrangling ahead today in washington. but are the two sides any closer to agreeing on something? >> that's right. more high level meetings today. treasury secretary tim geithner, kind of obama's negotiator man at the table. see if they can make any headway. >>> art, later this half hour, she's 50, he's 26. demi moore has a new younger man in her life. who she is dating now coming up "the skinny." interesting choice. seeing how the last relationship turned out. >> all you need to know his last name is schnabel. >> not making that up. we are not making that up. >> no. >>> but first, we begin with breaking news, powerball officials are making it official this morning. two jackpot tickets sold for last night's lottery, one in missouri and one in arizona. >> missouri and arizona. congratulations. get this. by the time of the drawing the jackpot was worth $580 million. so we should mention the winning numbers right now, here they are, 5, 16, 22, 23, 29, an
. >>> then that looming fiscal cliff that could take money out of almost everybody's pockets, in the form of higher taxes, there is more wrangling ahead today in washington. but are the two sides any closer to agreeing on something? >> that's right. more high level meetings today. treasury secretary tim geithner, kind of obama's negotiator man at the table. see if they can make any headway. >>> art, later this half hour, she's 50, he's 26. demi moore has a new younger...
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Nov 27, 2012
11/12
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the countdown on, 36 days until the nation goes over that fiscal cliff. a tax hike for everyone on new year's day unless lawmakers end their long gridlock, and today we did see a sign the paralysis may be ending. a republican mutiny against a man who had convinced them to take a pledge. abc's jonathan karl on the big picture from washington tonight. >> reporter: it's been an article of republican faith for decades, no tax increases of any kind, period. behind it all, this man, grover norquist, considered one of the most powerful men in washington. since he worked for ronald reagan in the 1980s, he's gotten virtually every elected republican to sign a pledge promising no tax increases. >> a taxpayer-friendly congress. >> reporter: they sign it to help get elected and don't violate it for fear of getting hammered for breaking their word. now how many of these things have been signed? >> pledges? >> reporter: yes. >> thousands over the years. >> reporter: he keeps them all on file. here's john boehner's pledge signed 20 years ago. if somebody signed this 10
the countdown on, 36 days until the nation goes over that fiscal cliff. a tax hike for everyone on new year's day unless lawmakers end their long gridlock, and today we did see a sign the paralysis may be ending. a republican mutiny against a man who had convinced them to take a pledge. abc's jonathan karl on the big picture from washington tonight. >> reporter: it's been an article of republican faith for decades, no tax increases of any kind, period. behind it all, this man, grover...
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Nov 28, 2012
11/12
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. >>> now we turn to the other battle brewing tonight, the clock is still ticking on the fiscal cliff. 35 days, taxes including on the middle class, will rise in america unless congress reaches a deal. abc senior white house correspondent jake tapper tells us the latest on this duel that would affect every single american family. >> reporter: the manufacturers of these angry birds building sets in pennsylvania will later this week be visited by president obama as he makes his case for raising tax rates on wealthier americans as part of a larger deal with congress. and while the president is not trying to provoke anger necessarily, he is trying to drum up passions for his proposal. meeting with small business owners today such as texas crop duster manufacturer, david ikert. >> there was a lot of talk in the room about certainty. small business wants certainty so they can plan, strategically look at how we move forward. >> reporter: and releasing these showing them pleading for their tax cuts to be extended. >> if you take away the $2,200 from my paycheck, it would severely impact my fa
. >>> now we turn to the other battle brewing tonight, the clock is still ticking on the fiscal cliff. 35 days, taxes including on the middle class, will rise in america unless congress reaches a deal. abc senior white house correspondent jake tapper tells us the latest on this duel that would affect every single american family. >> reporter: the manufacturers of these angry birds building sets in pennsylvania will later this week be visited by president obama as he makes his...
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Nov 29, 2012
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will lawmakers send americans off the fiscal cliff with a huge tax increase? the president asks middle class people to help make his case for action. >>> triple threat. three big storms, one after the other, about to pound the west coast. >>> and, made in america. do you want to make a difference, creating american jobs? david muir tonight shows us how to do it together for a happy holiday. >> we're in! >> we're in! >>> good evening. right now, millions and millions of americans are lining up to take a chance on a giant dream. a powerball ticket that could be worth more than half a billion dollars. the biggest in its history. the drawing is tonight. and some people have been willing to wait 2 1/2 hours in the long lines in arizona, while coast to coast, tickets are flying across the counters, 130,000 sold every minute. and that adds up to 7 million tickets sold every hour. so, we asked abc's steve osunsami to make his way into the vault where the lottery balls are kept under lock and key and tell us about all the americans hoping tonight is their night. >> rep
will lawmakers send americans off the fiscal cliff with a huge tax increase? the president asks middle class people to help make his case for action. >>> triple threat. three big storms, one after the other, about to pound the west coast. >>> and, made in america. do you want to make a difference, creating american jobs? david muir tonight shows us how to do it together for a happy holiday. >> we're in! >> we're in! >>> good evening. right now, millions...
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Nov 29, 2012
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>> at the top of the wish list, a deal to a voice sending the economy over the fiscal cliff. >> my hope is to get this done before christmas. >> today, the president joined by middle income earners reaching out to the administration about keeping taxes low. >> if congress does nothing, every family in america will see their taxes go up at the beginning of next year. >> the white house is urging americans to use social media to push congress to act. keying in on $2000 tax increase going into affect next year for the average family of four. >> what is that again? my two? k. tweet use, my 2 k or e mail. post it on member of congress's facebook wall. do what it takes to communicate a sense of urgency. >> they may not agree on details but house speaker john boehner and house minority leader agree on one thing. failure is not on the table. >> going over fiscal cliff will hurt our economy. >> boehner said republicans are committed to a compromise. >> rinz are willing to put revenue on the table. >> so hard ball politics were left to house majority leador eric cantor complaining the white house
>> at the top of the wish list, a deal to a voice sending the economy over the fiscal cliff. >> my hope is to get this done before christmas. >> today, the president joined by middle income earners reaching out to the administration about keeping taxes low. >> if congress does nothing, every family in america will see their taxes go up at the beginning of next year. >> the white house is urging americans to use social media to push congress to act. keying in on...
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Nov 27, 2012
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. >>> lawmakers trying to avoid the fiscal cliff, automatic tax hike for all americans, unless congress and the president can compromise. biggest obstacle is a pledge of no tax increases of any kind signed by most republicans. grover norquist is behind the pledge and has convinced thousands of republicans to sign the pledge in exchange for helping them get reelected. some republicans open to breaking the pledge say they will do it by closing loopholes but say entitlement reform must be part of the discussion. >>> do you think you are paying -- >>> good morning. home prices continue to climb nationwide up 3% in september compared to a year ago. in the san francisco area it was 7 1/2% compared to a year ago. meantime, watch for your landlord to jack up rent. recents are up 4.1% this year, watch for rents to go up 4.6% next year and 4.7 the year after. zillow buying hot pads for 16 million dollars, has 19 employees will stay in san francisco, zillow says the move will help it increase the number of leads it sends to landlords. watching ebay today, shares slightly lower stock hit a nearly e
. >>> lawmakers trying to avoid the fiscal cliff, automatic tax hike for all americans, unless congress and the president can compromise. biggest obstacle is a pledge of no tax increases of any kind signed by most republicans. grover norquist is behind the pledge and has convinced thousands of republicans to sign the pledge in exchange for helping them get reelected. some republicans open to breaking the pledge say they will do it by closing loopholes but say entitlement reform must be...
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Nov 28, 2012
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. >> avoiding fiscal cliff new poll reveals what americans >>> good morning many rain continues to focus on the north bay now it will begin to shift east and south winds 30 to 40 miles an hour from pacifica to half moon bay. you can see yellows continue to push into sonoma and marin that's where the rain is beginning to pick up. bodega bay, santa rosa light returns further south blue, not much happening here, a few areas of light showers from 580 along san francisco, the peninsula, very light returns into the east bay still quiet the winds definitely getting woken up by those winds in the next two hours, 7:00 to 9:00 the rain will continue to come down moderately not behind the front now until noontime, very active weather, still to come. >>> right now we want to take you back out for live pictures. you can see on your left is san rafael, folks there are getting wet and the winds are the big issue. we have a tweet who just mentioned in sonoma they are getting a lot of rain. on the right paca, along the coast where you will find some of the most howling winds and fastest winds around ther
. >> avoiding fiscal cliff new poll reveals what americans >>> good morning many rain continues to focus on the north bay now it will begin to shift east and south winds 30 to 40 miles an hour from pacifica to half moon bay. you can see yellows continue to push into sonoma and marin that's where the rain is beginning to pick up. bodega bay, santa rosa light returns further south blue, not much happening here, a few areas of light showers from 580 along san francisco, the...
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Nov 27, 2012
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cliff with a tax hike for everyone on new year's day and spending cuts on federal programs. today some republicans are defying party politics and break ago pledge they made in the name of a sluchlingts jonathan karl explains article of republican faith for decade. no tax increases of any kind, period. behind it all. this man. november quist. considered one of the most powerful men in washington. sentences he worked for ronald reagan in the 1980's he's gotten virtually every elected republican to sign a pledge promising no tax increases. >> taxpayer friendly congress. >>reporter: sign to it help electricityed don't violent it for fear of getting hammered for breaking the word. >> how many of these things have been signed. >> thousands over the years. >>reporter: he keeps them on file. n boehner pledge signed 20 years ago. >> nobody signed this 10 years ago, 18 years ago 20 years ago are they still bound by it. >> no. >>reporter: when you got married did your wife make a promise when you borrowed money to bite house. that mortgage that was 10 years ago. you still asking fo me
cliff with a tax hike for everyone on new year's day and spending cuts on federal programs. today some republicans are defying party politics and break ago pledge they made in the name of a sluchlingts jonathan karl explains article of republican faith for decade. no tax increases of any kind, period. behind it all. this man. november quist. considered one of the most powerful men in washington. sentences he worked for ronald reagan in the 1980's he's gotten virtually every elected republican...
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Nov 21, 2012
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drought fueled by uncertainty over the approaching fiscal cliff and tax increases. the jobs report shows the number of people filing for an employment fell to 410,000. the labor department says those numbers are still skewed because of superstorm sandy. the four-week average was a less volatile measure rose to 10,000. and hostess heads to bankruptcy court unable to reach an agreement with the bakers union. last week the company closed its plans after 42 years. some 18,000 plus people will likely lose their jobs. word of the impending liquidation caused a run on hostess products. another union action that could affect you is planned black friday protests. wal-mart filed a complaint with the national relations boards and picketers are mostly union representatives who are trying to force changes in pressure workers and get unionization where they have failed thus far. the liberal group has sent out hundreds of e-mails encouraging people who have nothing to do with wal-mart stage a protest outside the stores. you know, stores across the country. but the labor board, the
drought fueled by uncertainty over the approaching fiscal cliff and tax increases. the jobs report shows the number of people filing for an employment fell to 410,000. the labor department says those numbers are still skewed because of superstorm sandy. the four-week average was a less volatile measure rose to 10,000. and hostess heads to bankruptcy court unable to reach an agreement with the bakers union. last week the company closed its plans after 42 years. some 18,000 plus people will...
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Nov 23, 2012
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it feels like groundhog day because we have the government shutdown, fiscal cliff. i mean, washington, d.c. is such a mess, and it's really too bad that we didn't have more change from the election. so what i'm hoping is that president obama will be more of a president and less of a candidate, because he's the mac daddy candidate, there's no doubt about it. this is the guy who can campaign. but he's not governed. he's not led as president. so i'm very hopeful that the new year would bring that. and i'd also like to see new leadership in the republican party. i think john boehner needs to go. i think it needs to be a kevin mccarthy as well as in the senate. you know, we need new leadership. marco rubio would be a great senate minority leader, and it's bold, but we need the change in washington d.c. heather: but in the meantime, we have what we have right now, we are just a matter of weeks away, so what do you think they need to do, and do you think that president obama will take the lead with dwoarks this time around? -- with negotiations this time around? >> absolut
it feels like groundhog day because we have the government shutdown, fiscal cliff. i mean, washington, d.c. is such a mess, and it's really too bad that we didn't have more change from the election. so what i'm hoping is that president obama will be more of a president and less of a candidate, because he's the mac daddy candidate, there's no doubt about it. this is the guy who can campaign. but he's not governed. he's not led as president. so i'm very hopeful that the new year would bring that....
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Nov 26, 2012
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but there will and resolution to the fiscal cliff. will let me tell you why. the president is not going on reelection. so he has the opportunity to bring both parties together to show resolution that we can come together to do what's best for the economy. the negatives farout wha negatie compromise. you will have the unemployment go up. the payroll -- megyn: if you think it's just the rich you are wrong. the unemployment benefits. >> what's scary is there is only one solution to supporting this enormous government the what it is and continuing down this road. it's a value added tax. that is the tax on everything along the way. every time you add value you get taxed. you do anything on you see it. if it were 10% fit would raise $750 billion in a year. but the argument against that, instead of starving the beast and bringing costs in line this creates a whole new revenue stream, a monster in government that would just get larger and large and crowd out private spending and innovation. when apple makes the decision to make an investment and invent the ipod, there
but there will and resolution to the fiscal cliff. will let me tell you why. the president is not going on reelection. so he has the opportunity to bring both parties together to show resolution that we can come together to do what's best for the economy. the negatives farout wha negatie compromise. you will have the unemployment go up. the payroll -- megyn: if you think it's just the rich you are wrong. the unemployment benefits. >> what's scary is there is only one solution to...
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Nov 28, 2012
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megyn: fox news alert new fallout from the fiscal cliff talks. the white house facing tough questions about what's really on the table when it comes to a big deal with republicans. i'm megyn kelly. we detailed the report last hour from an influential political blogger how some union reps and progressive groups held a private meeting with white house senior officials yesterday. these groups were told not to worry about entitlement reforms or big budget cuts as part of this deal. ed henry asked the white house, are federal spending cuts part of this package or not? >> when asked about pressuring democrats you said he vowed to do that in the future. >> he has done it in the past and he will do it in the future. he committed every time he talks about this to a balanced approach that includes -- revenues, spending cuts and savings through entitlement reforms. megyn: ed henry joins us now fresh from the exchange with mr. carney. what happened there? >> reporter: it's a big story that's developing. all along there has been an assumption on both sides th
megyn: fox news alert new fallout from the fiscal cliff talks. the white house facing tough questions about what's really on the table when it comes to a big deal with republicans. i'm megyn kelly. we detailed the report last hour from an influential political blogger how some union reps and progressive groups held a private meeting with white house senior officials yesterday. these groups were told not to worry about entitlement reforms or big budget cuts as part of this deal. ed henry asked...
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Nov 29, 2012
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so from that perspective in a country that has a fiscal cliff in front of us, why would we -- from a money perspective -- get involved in bringing them back here? but there's a lot more to it than that. megyn: there is some speculation that she may be -- apparently, reportedly she ordered this report a long time ago, years ago, and it's just now being released. why is that? she's going to use the $114 million we spend on gitmo as an argument that, look, it needs to go, we shouldn't be spending that $114 million, but i want to talk to you about your concern because the house of representatives has said we're not going to provide the funding to bring those detainees back on american soil. that's why she's referring to political will. but there's no guarantee these republicans are going to hold on to control of the house come the next midterm election, and what is the argument against having them here separate and apart from the money? >> well, this is not an unprecedented situation. we have terrorists in the u.s. here. one of them is a guy named oscar lopez ri varian ro who killed -- w
so from that perspective in a country that has a fiscal cliff in front of us, why would we -- from a money perspective -- get involved in bringing them back here? but there's a lot more to it than that. megyn: there is some speculation that she may be -- apparently, reportedly she ordered this report a long time ago, years ago, and it's just now being released. why is that? she's going to use the $114 million we spend on gitmo as an argument that, look, it needs to go, we shouldn't be spending...
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Nov 26, 2012
11/12
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cliff. georgia senator saxby chambliss was among those on the sunday talk shows who said he'd be willing to reconsider raising taxes if democrats will cut spending. >> i will violate the pledge, long story short, for the good of the country only if the democrats agree to reform. >> the pledge signed 18 years ago is for that congress. the world has changed and the economic situation is different. >> now, congressional staffers met over the holiday weekend. and leaders intend to meet with the president this week. there are predictions it could be wrapped up before christmas. >> i like that optimism. >>> well, president obama is expected to announce this week a major reshuffling of his cabinet. u.n. ambassador susan rice will likely be the president's nominee to replace hillary clinton as secretary of state. on top of that, massachusetts senator john kerry is said to be the leading candidate to replace leon panetta at secretary of defense. >>> and we're also expected to learn this week whether
cliff. georgia senator saxby chambliss was among those on the sunday talk shows who said he'd be willing to reconsider raising taxes if democrats will cut spending. >> i will violate the pledge, long story short, for the good of the country only if the democrats agree to reform. >> the pledge signed 18 years ago is for that congress. the world has changed and the economic situation is different. >> now, congressional staffers met over the holiday weekend. and leaders intend to...
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Nov 28, 2012
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. >>> the looming fiscal cliff is one reason you may want to take that lump sum. if no deal is reached, and taxes go up, most financial advisers say that could cost the winner millions. >>> and with that fiscal cliff ahead, president obama is mounting a full-court press, making his case for higher taxes on wealthier americans, even as critics accuse him of being back in campaign mode. he'll meet today with mittle-class meshes who taxes will go up if there's no deal by the end of the year. and he talked to high-powered ceos about cutting the nation's deficit. >>> susan rice, who is the front-runner to be the next secretary of state, is back to capitol hill for more meetings with some of her harshest critics. the topic this time, her comments after the attack on the consulate in libya on september 11th. tahman bradley has the latest from washington. >> reporter: u.n. ambassador susan rice faces more tough diplomacy on capitol hill. rice is the leading candidate for secretary of state in president obama's second term. but prominent gop lawmakers are trying to stop he
. >>> the looming fiscal cliff is one reason you may want to take that lump sum. if no deal is reached, and taxes go up, most financial advisers say that could cost the winner millions. >>> and with that fiscal cliff ahead, president obama is mounting a full-court press, making his case for higher taxes on wealthier americans, even as critics accuse him of being back in campaign mode. he'll meet today with mittle-class meshes who taxes will go up if there's no deal by the end...
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Nov 29, 2012
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. >>> with the fiscal cliff looming in just over a month, high-level negotiators meet today on capitol hill. one republican is suggesting that instead of risking a tax increase on everyone, it would be better to let tax increases for the top 2% of earners go up. but the top gop leader in the house says that's a no-go. >> the goal here is to control the economy and control spending. you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt small businesses. it will hurt our economy. why? this is not the right approach. >> reporter: boehner and president obama said they are optimistic that a deal can be reached by christmas. >>> turning overseas to egypt, where opponents of president mohamed morsi are calling for a second revolution. morsi is addressing his people today. a speech in which he's expected to discuss his move last week to seize near absolute power. thousands have been on the streets of cairo protesting that move since. morsi is showing no signs, though, of backing down. >>> and with the conflict in syria showing no signs of ending, the ob
. >>> with the fiscal cliff looming in just over a month, high-level negotiators meet today on capitol hill. one republican is suggesting that instead of risking a tax increase on everyone, it would be better to let tax increases for the top 2% of earners go up. but the top gop leader in the house says that's a no-go. >> the goal here is to control the economy and control spending. you're not going to grow the economy if you raise tax rates on the top two rates. it will hurt...
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Nov 24, 2012
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if we go off the fiscal cliff, it's predicted that we will get another recession, now they're saying if we go off the fiscal cliff it only impact certain americans with taxes increasing and it will affect our country and economy. and we need face-to-face meetings and i don't think that obamacare should be on the table. >> you do not think that obamacare should be on the table. >> no. >> i don't think that obamacare should be on the table. it's the number one priority for the lawmakers right now whether you're a democrat or a republican, this should be priority number one, it's when john boehner had the new freshman tea partiers come in in 2010 and facing the debt ceiling, he characterized the first adult moment for the new freshmen congressmen and i think this is the second adult moment. can we get beyond party politics and rigid ideology and come with a compromise that will benefit the american people? we need both to look seriously at spending cuts and revenue generation for the country right now. >> all right, so let's-- >> and let's put a couple of ideas on the table and angela,
if we go off the fiscal cliff, it's predicted that we will get another recession, now they're saying if we go off the fiscal cliff it only impact certain americans with taxes increasing and it will affect our country and economy. and we need face-to-face meetings and i don't think that obamacare should be on the table. >> you do not think that obamacare should be on the table. >> no. >> i don't think that obamacare should be on the table. it's the number one priority for the...
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Nov 24, 2012
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. >> gregg: and we are approaching, like it or not, the fiscal cliff. huge spending cuts and tax hikes, but president obama wants to raise taxes on rich americans. how about sitting with voters? instead of raising tax rates on the american people and accepting the damage it will do to our economy, let's start to actually solve the problem. now let's focus on tax reform that closes special interest loopholes and lowers tax rates. you know what? and it won't kill the country if we raises taxes on millionaires a little bit. it really won't. i don't think. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ >> welcome back, time for a quick check of the headli
. >> gregg: and we are approaching, like it or not, the fiscal cliff. huge spending cuts and tax hikes, but president obama wants to raise taxes on rich americans. how about sitting with voters? instead of raising tax rates on the american people and accepting the damage it will do to our economy, let's start to actually solve the problem. now let's focus on tax reform that closes special interest loopholes and lowers tax rates. you know what? and it won't kill the country if we raises...
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Nov 24, 2012
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let's just hope and pray that things get better and let's hope that the fiscal cliff, we get that resolved and hope that prices start to, don't keep going up like they are. let's hope that the tax situation doesn't get out of control and hope all of the negative things that could happen don't happen, but if they do happen, you're right, arthel, get ready because january and february are going to be rough months out there. >> arthel: well, we hope it doesn't come to that. we want everyone to have a, you know, good income and et cetera. and by the way, as someone told me you have pretty deep pockets if you want to buy me a christmas gift, no problem. (laughter) >> i already did. that's what i've done all weekend. >> arthel: good answers, ed butowsk butowsky. >> rick: you let me know if he sends you something. >> arthel: i will. >> rick: and new concerns over a sweeping new power grab from the president of egypt. how should the u.s. react? a fair and balanced look is ahead. >> plus a look at the hottest toys on the market right now. there's some of them. find out what is sure to make you a bi
let's just hope and pray that things get better and let's hope that the fiscal cliff, we get that resolved and hope that prices start to, don't keep going up like they are. let's hope that the tax situation doesn't get out of control and hope all of the negative things that could happen don't happen, but if they do happen, you're right, arthel, get ready because january and february are going to be rough months out there. >> arthel: well, we hope it doesn't come to that. we want everyone...
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Nov 25, 2012
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fast approaching fiscal cliff could push unemployment even higher. whether some business owners could be forced in place a hiring freeze. >> and republicans promising a post election overhaul in the nation's broken immigration system. could it backfire with voters? our political panel is here to weigh in. think spam. >> i think we need a bigger thing and we need immigration reform. there is no doubt whatsoever the demographics are not on our side. [ timers ringing ] [ male announcer ] it's that time of year. time for campbell's green bean casserole. you'll find the recipe at campbellskitchen.com. ♪ campbell's. it's amazing what soup can do. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends dember 7th. so now's the time. visit care.gov or call 1-800-medicare. >>. >> gregg: bottom of the
fast approaching fiscal cliff could push unemployment even higher. whether some business owners could be forced in place a hiring freeze. >> and republicans promising a post election overhaul in the nation's broken immigration system. could it backfire with voters? our political panel is here to weigh in. think spam. >> i think we need a bigger thing and we need immigration reform. there is no doubt whatsoever the demographics are not on our side. [ timers ringing ] [ male announcer...
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Nov 25, 2012
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you think we are going to avoid the fiscal cliff? yes or no? >> let me say i think they will arrive at a deal, but -- it is yes. but i don't think the deal they will arrive at will be the long-term fixes we need. >> yes with a parenthetical condition. charlie hurt thank you very much for your analysis this morning. good to see you. thanks. >> ar they will, how would you like to be off the shore of miami beach or in your multi million dollar yacht. the world is great. guess what happens? it goes done in flames. look at this dramatic video of this boat that caught on fire out at sea. the crew in danger. what happened? coming up next. >> new concerns for millions of americans looking for work. could unemployment be a health risk? >> the doctors are in in sunday house calls. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save
you think we are going to avoid the fiscal cliff? yes or no? >> let me say i think they will arrive at a deal, but -- it is yes. but i don't think the deal they will arrive at will be the long-term fixes we need. >> yes with a parenthetical condition. charlie hurt thank you very much for your analysis this morning. good to see you. thanks. >> ar they will, how would you like to be off the shore of miami beach or in your multi million dollar yacht. the world is great. guess...
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Nov 25, 2012
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congressional leaders are hoping to hammer out a deal to avoid the fiscal cliff. it is clear that the lawmakers are strug struggling to find a common ground. but some are saying there is a compromise. >> the stock market rallied amidst the talk of a possible deal being made. but independent senator joe lieberman is saying there is no done deal. he says, if congress does nothing, which they have gotten pretty good at, we will go over the fiscal cliff. the republicans have conceded that the government needs to find new ways to take in more money and now the fight is centered on where to get it from. >> i would be very much opposed to raising tax rates. but i believe we can change loopholes. >> i want entitlement reforms. democracies promise to cut spending. we never cut spending. i am looking for revenue for entitlement reform. >> reporter: senator graham says age adjustment and means testing for medicare and social security is a reasonable thing. but illinois democratic senator dick durbin doesn't want to touch social security. he thinks the new revenue should come
congressional leaders are hoping to hammer out a deal to avoid the fiscal cliff. it is clear that the lawmakers are strug struggling to find a common ground. but some are saying there is a compromise. >> the stock market rallied amidst the talk of a possible deal being made. but independent senator joe lieberman is saying there is no done deal. he says, if congress does nothing, which they have gotten pretty good at, we will go over the fiscal cliff. the republicans have conceded that the...
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Nov 21, 2012
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lawmakers accused of playing chicken with the fiscal cliff. just ahead, why every american could feel the crunch. >> it's up to the president and congress to figure out how they want to make the trade offs, getting improvement in the long run and providing additional support for the economy in the short run. >> announcer: 'tis the season of more-- more shopping, more dining out... and along with it, more identity theft. by the time this holiday season is over, an estimated 1.2 million identities may be stolen. every time you pull out your wallet, shop online or hit the road, you give thieves a chance to ruin your holiday. by the time you're done watching this, as many as 40 more identities may be stolen. you can't be on the lookout 24/7, but lifelock can. they're relentless about protecting your identity every minute of every day. when someone tries to take over your bank accounts, drain the equity in your home, or even tries to buy a car in your name, lifelock is on guard. and with lifelock's 24/7 alerts, they contact you by text, phone or em
lawmakers accused of playing chicken with the fiscal cliff. just ahead, why every american could feel the crunch. >> it's up to the president and congress to figure out how they want to make the trade offs, getting improvement in the long run and providing additional support for the economy in the short run. >> announcer: 'tis the season of more-- more shopping, more dining out... and along with it, more identity theft. by the time this holiday season is over, an estimated 1.2...
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Nov 22, 2012
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gregg: the fiscal cliff hanger on capitol hill. were that part of this to avert the crisis will hurt cherries. ainsley: and a 60 year tradition may not be over yet after a judge blocked a nativity display in a public park. what some church groups are doing now. >> it was something that i grew up knowing. i think it's kind of sad. >> i'm going to make sure that i get the permits next year. among them and come down here and build my christmas village down here is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at panasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can
gregg: the fiscal cliff hanger on capitol hill. were that part of this to avert the crisis will hurt cherries. ainsley: and a 60 year tradition may not be over yet after a judge blocked a nativity display in a public park. what some church groups are doing now. >> it was something that i grew up knowing. i think it's kind of sad. >> i'm going to make sure that i get the permits next year. among them and come down here and build my christmas village down here is what drives us to...
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Nov 23, 2012
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patti ann: a major development in congress' fight to avoid a fiscal cliff. house speaker john boehner says the health care law has to be on the negotiating table if we hope to avoid that cliff. begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp.there's more than that though, it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. then you may be looking for help in choosing the right plan for your needs. so don't wait. call now. whatever your health coverage needs, unitedhealthcare can help you find the right plan. are you looking for something nice and easy? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. call now to learn more. unitedhealthcare has the in
patti ann: a major development in congress' fight to avoid a fiscal cliff. house speaker john boehner says the health care law has to be on the negotiating table if we hope to avoid that cliff. begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp.there's more than that though, it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've...
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Nov 26, 2012
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on this monday are this signs of a compromise as we head for the fiscal cliff? senator lindsay graham, one of the latest high-profile republicans that says he will break the longstanding pledge regarding taxes and says he will do it for the country, but only if democrats are willing to make reforms on entitledment programs, medicare and medicaid and social security. that is big if. good morning, hope your turkey was great. martha: good morning, everybody, i'm martha maccallum. you've got this. congressman peter king and now senator bob corker say they will ignore the decades old pledge that was signed by 241 house members and senators. he says he believes it is a huge game-changer. >> when you're $16 trillion in debt the only pledge we should make to each other is to avoid becoming greece. republicans should put revenue on the table. we're this far in debt. we don't generate enough revenue. capping deductions will help generate revenue. raising tack rates will hurt job creation. bill: this is the heart of the matter. stuart varney, host of "varney & company". mo
on this monday are this signs of a compromise as we head for the fiscal cliff? senator lindsay graham, one of the latest high-profile republicans that says he will break the longstanding pledge regarding taxes and says he will do it for the country, but only if democrats are willing to make reforms on entitledment programs, medicare and medicaid and social security. that is big if. good morning, hope your turkey was great. martha: good morning, everybody, i'm martha maccallum. you've got this....
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Nov 27, 2012
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do you believe a deal can and will be reached before this fiscal cliff? >> i do believe a deal can be reached, and the basisser that agreemenbase basis of that agreement has to be revenues and cuts. we've done a trillion dollars in cuts as part of the control act. the president has additional cuts. he's got more healthcare cuts than simpson-bowles proposed. he doesn't do it by transferring -- martha: that deal did not go through. do you expect the president will sit down with leadership this week to discuss this and take a leadership role in this fight? >> the president is taking a leadership role in this fight. i think people need to sit down as they have looked for ways to find progress. as you know the president already had the congressional leaders to the white house a little while back. people are pursuing different ideas right now to try to make -- to try and prevent us from going over the fiscal cliff, and the president has laid out a very clear map, road map for how we do that. martha: all right we walked right up to it in the grand bargain and th
do you believe a deal can and will be reached before this fiscal cliff? >> i do believe a deal can be reached, and the basisser that agreemenbase basis of that agreement has to be revenues and cuts. we've done a trillion dollars in cuts as part of the control act. the president has additional cuts. he's got more healthcare cuts than simpson-bowles proposed. he doesn't do it by transferring -- martha: that deal did not go through. do you expect the president will sit down with leadership...
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Nov 28, 2012
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it's so ridiculous it makes you want to jump over the fiscal cliff. in terms of raising the debt limit again. let me put this out there. the reason for that is they don't want to go through this exercise of talking about spending cuts. >> the other part of what i was going to say many democrats want to reform entitlements as long as it doesn't hurt beneficiaries. if you are going to talk to me about tax raising. we are talking about the bush clauses, the bush taxes which are supposed to end after 9 years because they knew there would be huge deficits after that. >> this is not even serious. everybody agrees taxes are going up. taxes are going up on rich people period. the real question is how are you going to pull back on spending? we have a debt larger than our economy because of spending, specifically medicare spending. they are totally unwilling and unserious to even have the conversation. >> let's talk about that issue allen brought up. i had representative chris van hollen on here yesterday. what about slowly raising the age from the future. gett
it's so ridiculous it makes you want to jump over the fiscal cliff. in terms of raising the debt limit again. let me put this out there. the reason for that is they don't want to go through this exercise of talking about spending cuts. >> the other part of what i was going to say many democrats want to reform entitlements as long as it doesn't hurt beneficiaries. if you are going to talk to me about tax raising. we are talking about the bush clauses, the bush taxes which are supposed to...
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Nov 29, 2012
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tim geithner is the point person for negotiating the fiscal cliff,/after launch. martha: that is not tim geithner. bill: that is not. but that is. they're talking. not just harry reid he is talking to. republican leaders on the house side too so critical of this, john boehner, eric cantor. how will these talks go? we'll follow it and let you know what is happening in two minutes when we continue. >> i'm trying not to paint us into too many boxes where i paint john boehner into a box that tells him what to do. year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card when i pay. and i get as much as 15% cash back -- put into my account. this is on top of other rewards and discounts i already get. best of all -- it's free. happy holidays. [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. now is a good time to think ab
tim geithner is the point person for negotiating the fiscal cliff,/after launch. martha: that is not tim geithner. bill: that is not. but that is. they're talking. not just harry reid he is talking to. republican leaders on the house side too so critical of this, john boehner, eric cantor. how will these talks go? we'll follow it and let you know what is happening in two minutes when we continue. >> i'm trying not to paint us into too many boxes where i paint john boehner into a box that...
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Nov 27, 2012
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cliff solution. add that to the election results and the exit poll results. how much do all those numbers change the political equation for the gop right now? >> it's hard to say definitively, wolf. it changes the equation a little bit. what's more interesting and what you hear from senator corker and the rest is this sort of see mantic question, not arithmetic but semantics. it's the question of when is the tax increase not really a tax increase? if you don't raise the top rate as you talked to the senator about before, but you do cap deductions for the wealthy? does that count as a tax increase? in my book it does count as a tax increase, but would republicans then be able to say, well, we didn't raise the top rate? so i think what we see going on right now, wolf, is a lot of theatrics. you see some republicans in the senate, and i would argue that the house republicans are the ones we really need to hear from, because they're the most dug in on the tax question. you hear some republicans kind of s
cliff solution. add that to the election results and the exit poll results. how much do all those numbers change the political equation for the gop right now? >> it's hard to say definitively, wolf. it changes the equation a little bit. what's more interesting and what you hear from senator corker and the rest is this sort of see mantic question, not arithmetic but semantics. it's the question of when is the tax increase not really a tax increase? if you don't raise the top rate as you...
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Nov 29, 2012
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let's get to the so-called fiscal cliff. the president has set a goal. $4 trillion in debt reduction over the next decade. are there any specific ways of reaching that figure that both of you might agree on? >> well, you know, one compromise i can agree with democrats on, we need to cut military spending. so i think the compromise is conservatives like myself who think national defense is very important should compromise on military spending and liberals should compromise on entitlements and social welfare spending, that compromise should get to spending cuts. >> here is the question, though. both sides are going to have to compromise, beyond defense spending, any other compromise you could see you supporting? >> mostly has to be to me on the spending side. we used to spend about 20% of gdp. now spending 25% of gdp. federal spending has gone up at an alarming rate in the last four years. people come to me and said say we have to raise taxes on rich people. one there, is not enough money. two, when you raise rates, you get le
let's get to the so-called fiscal cliff. the president has set a goal. $4 trillion in debt reduction over the next decade. are there any specific ways of reaching that figure that both of you might agree on? >> well, you know, one compromise i can agree with democrats on, we need to cut military spending. so i think the compromise is conservatives like myself who think national defense is very important should compromise on military spending and liberals should compromise on entitlements...
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Nov 26, 2012
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now with five weeks before the so-called fiscal cliff deadline, new signs republicans could be ready to compromise democrats' demands to raise taxes on the wealthiest americans. "the washington post" is calling it the gop's read my lips moment as several top republicans are willing to break grover norquist's tax debt. >>> t >> a pledge you signed 20 years ago, 18 years ago is for that congress. >> you know, that pledge i signed 20 years ago was valid then. it's valid now, but times have
now with five weeks before the so-called fiscal cliff deadline, new signs republicans could be ready to compromise democrats' demands to raise taxes on the wealthiest americans. "the washington post" is calling it the gop's read my lips moment as several top republicans are willing to break grover norquist's tax debt. >>> t >> a pledge you signed 20 years ago, 18 years ago is for that congress. >> you know, that pledge i signed 20 years ago was valid then. it's...
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Nov 25, 2012
11/12
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CSPAN2
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but, i mean, the fiscal cliff is a euphemism. i mean, it's financial. it's the basic financial soundness of the government which connects, believe me, to the value of everything you have, a house, a bank account, an investment and so forth. and it is all in jeopardy. it should be called the financial time bomb. and it's tax increases, it's spending cuts, but it's also what i spent a lot of time in the price of politics writing about where you have to extend the debt ceiling. they, the white house, whoever is there, is going to have to go to the congress and say, gee, you know what? we're borrowing a trillion dollars. i mean, think about, i was trying to figure somebody was asking, well, how much is a trillion dollars? that's about $3,000 for everyone in the united states. that's a lot of money. they have to borrow that next year just to pay for what's going on. and how they're going to do that, how they arrange it, i don't know. it's going to be, you know, i may have my second book. go ahead. >> hi. in your interviews and in your research, i was wonderi
but, i mean, the fiscal cliff is a euphemism. i mean, it's financial. it's the basic financial soundness of the government which connects, believe me, to the value of everything you have, a house, a bank account, an investment and so forth. and it is all in jeopardy. it should be called the financial time bomb. and it's tax increases, it's spending cuts, but it's also what i spent a lot of time in the price of politics writing about where you have to extend the debt ceiling. they, the white...
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Nov 25, 2012
11/12
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FBC
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. >> brenda: forget the fiscal cliff. is the union clash with businesses a bigger threat to jobs? from protesting wal-mart on the busiest shoppings day of the year and targeting one frt busiest u.s. airports on one of the busiest travel days of the year. we'll see big labor's travel play, a blow to a chance fo anyone's recovery. hi, everyone, i'm brenda buttner, this is bulls and bears, and here we go the bulls and bears, gary b smith, tobin smith, jonas max ferris along with jim la camp and steve murphy, welcome to everybody. jim, growing union clashes with job creators, growing concerns about jobs? >> absolutely. look, every time you make it harder for an employer to hire somebody they're going to hire less people. we're already seeing it in the jobs numbers. look, obamacare has already cost a tremendous amount of jobs and since the president was reelected and it became apparent that obamacare was coming back in, we've seen the layoffs accelerate and now the unions are trying to kick businesses at a time when businesses are hurting and at a time when they're uncertain about labo
. >> brenda: forget the fiscal cliff. is the union clash with businesses a bigger threat to jobs? from protesting wal-mart on the busiest shoppings day of the year and targeting one frt busiest u.s. airports on one of the busiest travel days of the year. we'll see big labor's travel play, a blow to a chance fo anyone's recovery. hi, everyone, i'm brenda buttner, this is bulls and bears, and here we go the bulls and bears, gary b smith, tobin smith, jonas max ferris along with jim la camp...
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Nov 29, 2012
11/12
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KPIX
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it would be fun to be there. >> no kidding and that "fiscal cliff" i'm sure is going to come up. >>> a new york city nanny pleads not guilty to charges that she killed two children. yoselyn ortega is accused of stabbing a 6-year-old girl and a 2-year-old boy who were in her care. she also stabbed herself and is still in the hospital. police say the mother returned home last month and found her children dead. >>> two bp rig supervisors and a former bp executive pled not guilty to criminal charges in the deadly deepwater horizon rig explosion from 2010. the supervisors are charged with manslaughter in the deaths of 11 rig workers. the former executive is charged separately with concealing information from congress about the amount of oil leaking from the well in the gulf of mexico. >>> parents are blasting an isolation booth at an elementary school in the state of washington. but school administrators say they need it. we'll let you judge for yourself. photos of the isolation booth went viral on facebook. looks like a big safe there. the original facebook poster criticized as abusive.
it would be fun to be there. >> no kidding and that "fiscal cliff" i'm sure is going to come up. >>> a new york city nanny pleads not guilty to charges that she killed two children. yoselyn ortega is accused of stabbing a 6-year-old girl and a 2-year-old boy who were in her care. she also stabbed herself and is still in the hospital. police say the mother returned home last month and found her children dead. >>> two bp rig supervisors and a former bp executive...
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Nov 27, 2012
11/12
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KPIX
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. >>> we've heard a lot of talk about the fiscal cliff. what does it really mean for you. for a household earning 20 to $40,000 that would mean a tax increase of 1,200-dollars. for a household airporting 40 to 60 it would mean a tax increase of $2,000. 64,000 up to six figures it would be a 3,500-dollar tax increase. it appears the tax deal is being worked out by two people. house speaker john baner and the president. it's expected to be a mix of revenue increases. probably a small tax hike on the wealthiest americans and spending cuts. of course any deal has to pass the republican controlled house. >>> shoppers don't appear to be too worried about the fiscal cliff. this is shaping up to be the best cyber monday ever. sales are up 28 percent from last year. cbs reporter anthony mason found out the last few days have been busy. even during dinner time. >>> amazon.com's biggest shipping center in phoenix arizona is the size of 28 football fields. last cyber monday it's busyist day of the year, amazon processed 200 orders per second. amazon vice president craig says the compa
. >>> we've heard a lot of talk about the fiscal cliff. what does it really mean for you. for a household earning 20 to $40,000 that would mean a tax increase of 1,200-dollars. for a household airporting 40 to 60 it would mean a tax increase of $2,000. 64,000 up to six figures it would be a 3,500-dollar tax increase. it appears the tax deal is being worked out by two people. house speaker john baner and the president. it's expected to be a mix of revenue increases. probably a small tax...
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Nov 29, 2012
11/12
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KPIX
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. >>> well, president obama says he hopes to have a deal to avoid the fiscal cliff by christmas. invest fors apparently shared his optimism and stocks closed higher. congress must reach a compromise on the deficit reduction plan by the end of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull off. >>> well, that and $7 will get you a cup of coffee. what's so special about starbucks' new brew? >>> a $580 million jackpot is up for grabs tonight. now california wants in on the action. how soon until you can play powerball? ,, sledgehammers, hit a bay ara jewelry store. it happened in los gatos. c5 reporter kiet >>> they were in and out in a flash. two thieves waving guns and sledgehammers hit a bay area jewelry store. it happened in lo
. >>> well, president obama says he hopes to have a deal to avoid the fiscal cliff by christmas. invest fors apparently shared his optimism and stocks closed higher. congress must reach a compromise on the deficit reduction plan by the end of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their...
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Nov 27, 2012
11/12
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KPIX
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cliff." if they don't reach a deal by the end of the year, tax hikes and across the board budget cuts will automatically kick in. susan mcginnis has more on today's efforts to get democrats and republicans a little closer together. >>> reporter: president obama will begin a media blitz this week highlighting his efforts to steer clear of the "fiscal cliff." he will first meet with small business owners at the white house today. at the other end of pennsylvania avenue, fellow democrat senator dick durbin will give what's being called a major speech laying out a case for a bipartisan deal. durbin's a member of the senate's gang of 8, four democrats and four republicans who have collaborated on ways to reduce the nation's debt for 2 1/2 year. democratic senator mark warner is also in the gang and says democrats are willing to put entitlements like medicaid and medicare on the negotiating table. >> the math just doesn't work anymore not because the programs are bad but because thank goodness we'r
cliff." if they don't reach a deal by the end of the year, tax hikes and across the board budget cuts will automatically kick in. susan mcginnis has more on today's efforts to get democrats and republicans a little closer together. >>> reporter: president obama will begin a media blitz this week highlighting his efforts to steer clear of the "fiscal cliff." he will first meet with small business owners at the white house today. at the other end of pennsylvania avenue,...
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Nov 23, 2012
11/12
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KPIX
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cliff" and a positive start this morning. let's look at the numbers. right now the dow is gaining 58 points. nasdaq is up by 16. s&p moving higher by 6 points. and walmart shares are moving just slightly higher. michelle and brian, back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> following in the footsteps of online retailers the cash- strapped u.s. postal service will be testing out same-day delivery this holiday season. same day. it will happen here in the bay area. the u.s. ps will partner with retailers and begin offering the service in san francisco this december. if things run smoothly it will en spanned to new york, chicago -- it will expand to other cities like new york, chicago and boston next year. >>> it's 6:49. let's check the weather. >> if they run smoothly. >> yeah. >> but they have to do something. the postal service is losing lots of money around the nation. wow. all right. shall we talk some weather? >> why not. [ laughter ] >>> around the bay area today, we are look at some sunsh
cliff" and a positive start this morning. let's look at the numbers. right now the dow is gaining 58 points. nasdaq is up by 16. s&p moving higher by 6 points. and walmart shares are moving just slightly higher. michelle and brian, back to you. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> following in the footsteps of online retailers the cash- strapped u.s. postal service will be testing out same-day delivery this holiday season. same day. it will...